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Chinese electric car giant BYD’s profit doubles as it continues to cruise past rival, Elon Musk’s Tesla

Chinese
New York Post Fews App News Provider
Fews App Post Time Hace 1d

Chinese electric car maker BYD’s doubled its profits to $1. 3 billion in the first quarter as it continues to surge past its key rival, Elon Musk’s Tesla. The Shenzhen-based firm — whose annual revenue leapfrogged past Tesla’s last month to surpass the $100 billion mark — said quarterly revenue rose 36% to 170.

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